Shell International BV: Shell adds third major discovery to the Norphlet play
in the Gulf of Mexico
HOUSTON - Shell today announces its third major discovery in the Norphlet play
in the deep waters of the Gulf of Mexico with the successful Rydberg
exploration well. After more than 10 years of exploration activities in the
Eastern Gulf of Mexico, Shell continues to lead industry in exploring this
"The Rydberg discovery builds upon our leadership position in the Eastern Gulf
of Mexico and its proximity to our other discoveries in the area make Rydberg
particularly exciting." said Marvin Odum, Shell Upstream Americas Director.
"These successes represent the emergence of another hub for Shell's deep-water
activities that should generate shareholder value."
The Rydberg well is located 75 miles (120 kilometres) offshore in the
Mississippi Canyon Block 525 in 7,479 feet (2,280 metres) of water. It was
drilled to a total depth of 26,371 feet (8,038 metres) and encountered more
than 400 feet (122 metres) of net oil pay.
Shell is completing the full evaluation of the well results but expects the
resource base to be approximately 100 million barrels of oil equivalent.
Together with the Appomattox and Vicksburg discoveries, this brings the total
potential Norphlet discoveries to over 700 million barrels of oil equivalent.
This is the first discovery for the partnership of Shell (operator, interest
57.2%), Ecopetrol America Inc. (28.5%) and Nexen (14.3%), a wholly-owned
affiliate of CNOOC Limited. The discovery is within 10 miles (16 kilometres)
of the planned Appomattox development and the 2013 Vicksburg discovery (Shell,
operator, 75% and Nexen, 25%).
Shell and Nexen are following up the Rydberg discovery with an exploratory
well at Gettysburg, located in Desoto Canyon Block 398 which is also within 10
miles (16 kilometres) of the planned Appomattox Development.
# # #
oThe Jurassic-period Norphlet play is a geological formation that extends
from onshore to the deep waters of the Eastern Gulf of Mexico.
oAppomattox (Shell 80%, Nexen 20%) is currently in the define phase of
development and is moving forward with engineering design for the floating
production system, subsea infrastructure and wells.
oThe drillship Noble Globetrotter I drilled the Rydberg well and is
currently repositioning to drill the Gettysburg exploratory well.
oThe Gulf of Mexico is a major production area in the USA, accounting for
almost 50% of Shell's oil and gas production in the country and almost 180
thousand boe per day in 2013.
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Resources: Our use of the term "resources" in this press release includes
quantities of oil and gas not yet classified as SEC proved oil and gas
reserves. Resources are consistent with the Society of Petroleum Engineers 2P
and 2C definitions.
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Shell and the Norphlet Play Fact Sheet
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the content, accuracy and originality of the information contained therein.
Source: Shell International BV via Globenewswire
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